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CT4N has formally entered a CVA today following approval by creditors
CT4N Update
Today Thu 30th Oct 2025
CT4N Limited (“the Company”) has formally entered into a Company Voluntary Arrangement (CVA) as of 30 October 2025, marking a significant step in the strategic restructuring of its operations. Tyrone Courtman and Deviesh Raikundalia of RSM UK Restructuring Advisory LLP have been appointed as Joint Supervisors of the CVA.
CT4N Limited, a key provider of accessible and community-focused transport services across Nottingham, Nottinghamshire, and the wider East Midlands region, has taken this proactive measure to stabilise its financial position and ensure the continued delivery of vital services to local communities.
Following unanimous approval from voting creditors, the CVA enables the Company to continue trading, safeguarding the employment of 75 staff members and maintaining service continuity for both commercial clients and local transport authorities.
Barry Allitt, Managing Director of CT4N Limited, commented: "The approval of the CVA proposal allows us to move forward with confidence. We remain committed to delivering the essential transport services our communities rely on, while protecting the livelihoods of our employees. This arrangement provides a sustainable path forward and ensures the best possible outcome for our creditors and stakeholders."
The CVA represents a constructive and forward-looking solution, designed to maximise returns to creditors while securing the long-term future of the organisation.
Must be on loan from Littles, as they had 3 and 4.Ex Kinchbus sprint Solo 3 is currently with CT4N, it's on 19 today

Tenders were issued last week for various routes, so not a surprise, even if the timing was.Not great news. Was there any one thing which tipped them over the edge, or was it just gradual?
Any ideas who is in the frame to replace the services - Derbyshire will also need to get someone else to run their ring and ride I guess.
Stagecoach could extend on every hour or 2 to bulwell on there 141 as the extra bus sits at council offices for 20 mins so that makes use of the timeTenders were issued last week for various routes, so not a surprise, even if the timing was.
I think lots of things have contributed, but probably loss of Medilink pushed things along.
Doubt they will get withdrawn, there's been a tender process gone outUnfortunate, but I had a feeling this would happen sooner or later after they lost medilink. Will the linkbus routes be withdrawn, and if not which operators are likely to get them
Retendering was also mentioned above. Where is this to be found? I believe previous tender would be awarded by Nottingham City Council, but a new one would now be the regional council, who may set requirements less favourable to CT4N, perhaps in a financial sense, so when they saw them, they could not bid. Having lost Medilink already, perhaps enough was enough for their guarantors? Regarding psmith2023 the stand on 141 at the Council offices (Hucknall) is mid route and not that long anyway. What would a trip to Bulwell and back in this time (plus more needed) achieve regarding CT4N routes? It would p*** off current users though.Doubt they will get withdrawn, there's been a tender process gone out
It's on find a tender, under EMCCA it's called linkbus serviceRetendering was also mentioned above. Where is this to be found? I believe previous tender would be awarded by Nottingham City Council, but a new one would now be the regional council, who may set requirements less favourable to CT4N, perhaps in a financial sense, so when they saw them, they could not bid. Having lost Medilink already, perhaps enough was enough for their guarantors? Regarding psmith2023 the stand on 141 at the Council offices (Hucknall) is mid route and not that long anyway. What would a trip to Bulwell and back in this time (plus more needed) achieve regarding CT4N routes? It would p*** off current users though.
Web page lists the affected services and will presumably be updatedThe Mayor of the East Midlands is working with partners and bus operators following the closure of CT4N, which has affected several bus services across Nottingham, Nottinghamshire and Derbyshire.
The closure of CT4N is sad news for the region, resulting in job losses and uncertainty for employees and their families. It has also understandably caused concern for passengers who rely on these services to get to work, school, appointments and other essential destinations.
As the Local Transport Authority for Derbyshire and Nottinghamshire, East Midlands Combined County Authority (EMCCA) is working to minimise disruption for passengers and secure replacement services wherever possible. Some affected routes have already been taken on by alternative bus operators, while work continues to find solutions for the remaining services
That would only be a valid comparison if there weren’t any *for* profit companies also going under during the same time periodShame really but I wonder why so many not for profit community companies are going under where as others are thriving? Is it because they're stretching too far beyond the scope of what they can realistically do? Little Red Bus, CT Plus, Manchester Community Transport to name a few of the strugglers, on the other hand the likes of Little White Bus, Upper Wharfedale Community Transport and Western Dales Bus all seem to be doing really well in what are challenging operating areas.
I wouldn't really bother speculating what may happen because anything is possible even the more unexpected operators like skills, or may even see littles which haven't been mentioned yet expand to the 511/510 and 29 instead of say nottsderbyStagecoach could extend on every hour or 2 to bulwell on there 141 as the extra bus sits at council offices for 20 mins so that makes use of the time
18 19 notts derby
East Midlands shuttle notts derby
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Plus take ctn depot as they can house a few spares for Mansfield and Worksop
19 will most likely be retenderd. As again it's a contracted routeI wouldn't really bother speculating what may happen because anything is possible even the more unexpected operators like skills, or may even see littles which haven't been mentioned yet expand to the 511/510 and 29 instead of say nottsderby
I don't really see how the 141 will integrate the 19 though as it don't even go into Nottingham city centre
Ain't all of CT4N's routes except the 18s and school services contracted by local authority (now EMCCA) so I would think there all out or if not most are out for retender. Even there Nottingham high school services are subsidised/contracted by the school as far as I know so I assume that's also going be out for retender for the new school year19 will most likely be retenderd. As again it's a contracted route
Yeah they are. Even the 18a is fully funded I believe.Ain't all of CT4N's routes except the 18s and school services contracted by local authority (now EMCCA) so I would think there all out or if not most are out for retender. Even there Nottingham high school services are subsidised/contracted by the school as far as I know so I assume that's also going be out for retender for the new school year
Little Red Bus folded in, what, 2013? I can think of half a dozen commercial operations in the same county that have ceased trading in the same timeframe. Businesses of any sort can make bad (or unlucky) decisions.Shame really but I wonder why so many not for profit community companies are going under where as others are thriving? Is it because they're stretching too far beyond the scope of what they can realistically do? Little Red Bus, CT Plus, Manchester Community Transport to name a few of the strugglers, on the other hand the likes of Little White Bus, Upper Wharfedale Community Transport and Western Dales Bus all seem to be doing really well in what are challenging operating areas.
But not for profit Community Transport companies shouldn't really be going under like some have, some are sensible and stick to what works well, some like CT Plus are a bit too ambitious, borrow shed loads of cash, over expand and get into trouble, is this what CT4N have done? Did they not take into account future price rises, tax rises etc, how come one company like Western Dales Bus, in difficult operating teritory (rural location, high car ownership etc) do so well yet CT4N, operating in a significantly more urban area (more custom, fewer cars owned etc) end up in trouble? Yes any company can fold, but I do think community transport companies should be a lot more careful.Little Red Bus folded in, what, 2013? I can think of half a dozen commercial operations in the same county that have ceased trading in the same timeframe. Businesses of any sort can make bad (or unlucky) decisions.
CT4N lost a hell of a lot of routes. Due to the unfortunate demise of the linkbus network. They used to run 20 odd local link/work link routes. And losing the medilink was probably the nail in the coffin. They've been plagued by a lot of issues as well namely vehicle shortages and driver sickness. Probably the most unreliable company In Nottingham. Lovely drivers though.But not for profit Community Transport companies shouldn't really be going under like some have, some are sensible and stick to what works well, some like CT Plus are a bit too ambitious, borrow shed loads of cash, over expand and get into trouble, is this what CT4N have done? Did they not take into account future price rises, tax rises etc, how come one company like Western Dales Bus, in difficult operating teritory (rural location, high car ownership etc) do so well yet CT4N, operating in a significantly more urban area (more custom, fewer cars owned etc) end up in trouble? Yes any company can fold, but I do think community transport companies should be a lot more careful.
But that's the problem, it looks like they've expanded way too quickly without the necessary funds in reserve to accommodate losses in tenders, increased costs, driver retention, vehicle reliability etc. What ever they were set up for in the first place is what they should have stuck with until they had more than enough funds in place, without borrowing, to gradually expand instead of taking on up to 20 routes without planning for what happens when it all goes wrong.CT4N lost a hell of a lot of routes. Due to the unfortunate demise of the linkbus network. They used to run 20 odd local link/work link routes. And losing the medilink was probably the nail in the coffin. They've been plagued by a lot of issues as well namely vehicle shortages and driver sickness. Probably the most unreliable company In Nottingham. Lovely drivers though.
It can be easy to explain away their demise when you misinterpret history. CT4N have been around for many years, initially as Nottingham Community Transport, and set up to provide door to door transport for less mobile people, using volunteer driven minibuses. (We should not forget that aspect of their work also bites the dust and I doubt any commercial bus operator will jump into that void - I hope I am proved wrong). Over time they evolved and worked in close partnership with Nottingham City Council to develop their network through the Linkline network of fixed route, fixed timetable routes, but still focussed on social welfare, then into mainstream operations. This evolved over numerous years, hardly expanding way too quickly, but perhaps increasingly based on the shifting sands of contracted and subsidised work. Last year after Derbyshire Community Transport went under, they set up a satellite operation to replace some of their non- local bus work, and it may be that together with the loss of Medilink, that tipped the financial balance. So, in reality, there was no sudden expansion to 20-odd routes, they did not go on a growth at any cost jolly, and they did not ignore the cost base ( they undertook a financial restructuring just last year). I guess there simply wasn’t the security of tenure underlying most of the work that purse holders would look for, and the balance was probably tipped by an issue, small in itself, but which broke the camels back.But that's the problem, it looks like they've expanded way too quickly without the necessary funds in reserve to accommodate losses in tenders, increased costs, driver retention, vehicle reliability etc. What ever they were set up for in the first place is what they should have stuck with until they had more than enough funds in place, without borrowing, to gradually expand instead of taking on up to 20 routes without planning for what happens when it all goes wrong.
You are giving off the impression of someone who doesn’t really know the history of CT4N, but are just wading in because you have some sort of dislike of community transport operatorsBut that's the problem, it looks like they've expanded way too quickly without the necessary funds in reserve to accommodate losses in tenders, increased costs, driver retention, vehicle reliability etc. What ever they were set up for in the first place is what they should have stuck with until they had more than enough funds in place, without borrowing, to gradually expand instead of taking on up to 20 routes without planning for what happens when it all goes wrong.